Is Carroll County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Carroll County was a Seller's Market.

Key Takeaway

Carroll County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carroll County, AR

How much do homes in Carroll County, AR cost?

Median Sold Price

$257,585

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,918(+6.6%)

Key Takeaway

Homes in Carroll County have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Carroll County was $257,585 in March 2024, up 6.6% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $188K$174.5K
-7.2%
2 $199K$199K
0.0%
3 $249K$266.2K
+6.9%
4 $305K$273K
-10.5%
5+ $955K$700K
-26.7%

Summary: Carroll County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 26.7%.

Median Sold Price Compared To Nearby Counties

Barry County
+16.4%
Carroll County
+6.6%
Stone County
+4.9%
Benton County
+3.5%
Madison County
-15.1%

Housing Supply in Carroll County, AR

How many homes are available in Carroll County, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
137163+19.0%

Summary: The Carroll County real estate market had 163 homes for sale in March 2024, a 19.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 3145
+45.2%
3 4960
+22.4%
4 3640
+11.1%
5+ 1614
-12.5%

Summary: The Carroll County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Carroll County in March 2024, up by 10.5% month-over-month. Of the 21 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.

Days on Market for Carroll County, AR

How long does it take to sell a home in Carroll County, AR?

Average Sale Time

Mar 2023Mar 2024CHANGE
109 Days110 Days+0.5%

Summary: Homes in Carroll County had an average of 110 days on market in Mar 2024, up by 0.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Carroll County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 21 homes were sold in Carroll County; 19% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Carroll County, AR

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What housing markets are near Carroll County, AR?